Wednesday, February 29, 2012
Great Article: Sales Tax Audits - If Nothing Goes In, What Can Come Out?
from salestaxsupport.com and Lloyd Geggatt
If you don't provide the auditor with the information they need, they have to use "indirect" methods of figuring out what your sales were. You don't want that. There are two parts to this article - a story about a very uncooperative taxpayer, and the nitty gritty details of the cost plus markup indirect audit method. Enjoy the article.
This link is part of a series called "Excellent articles that I wish I had written." The short name is "Great Articles."
The Sales Tax Guy
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